8Project Name: Giridh-Dhanbad District City Gas Distribution
8Project Cost: Rs 350 crore
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8Project Name: Dehradun District City Gas Distribution
8Project Cost: Rs 250 crore
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8Find today's key updates in E&P, Mid-Downstream, and CGD sector

8Schlumberger came out on top in a battle with Nobors and Halliburton

Greatship is usually not disqualified out of a marine spread tender
8How did it end up doing so?

 There are times that consultants quote so low for market studies that seems impossible that a good report, with primary data collection, can ever be prepared
8Here is one instance

8How did Deloitte end up beating its arch-competitors by under-quoting them 50 percent and move?

Why did Underwater Services Co. decide to hang in for this contract while its arch competitor dropped out?
8We will tell you why

8Reliance Industries Limited has implemented a price increase for PET (Polyethylene Terephthalate) grade products, effective from today

8Polycarbonate (PC), grade 2407, has seen a price rise in the Delhi market, with rates increasing by Rs.2/kg, moving from Rs.210/kg on October 5, 2024, to Rs.212/kg today

8The Mumbai market has seen a reduction in the price of Polyamide 6 (PA 6), grade E35, with prices falling by Rs.3/kg. According to Indian Petrochem reports, PA 6 prices have dropped from Rs.203/kg on October 5, 2024, to Rs.200/kg today

8Imported phosphorus acid (98.5%) in the Mumbai market saw a sharp decline today, falling by Rs.5/kg to Rs.190/kg, down from Rs.195/kg assessed on October 3, 2024.. This significant price drop continues the downward trend that has persisted since September 5, 2024

8Dioctyl Adipate (DOA) prices in the Mumbai chemical market have risen steadily, reaching Rs.188/kg today after a Rs.2/kg increase. This follows a consistent upward trend since September 7, 2024, reflecting ongoing volatility in the market for this essential plasticizer

8The price of aluminum fluoride (AF-1 grade) has risen sharply in the Mumbai market, increasing from Rs.174/kg to Rs.182/kg. This significant price hike of Rs.7/kg is attributed to strong demand from aluminum producers and potential supply chain disruptions

8The price of SBR 1502 (Styrene-Butadiene Rubber), produced by Reliance Industries, has increased by Rs.2/kg in the Delhi market today. The rate has risen from Rs.190/kg to Rs.192/kg, reflecting the latest shift in market trends

8In a recent development, the price of SEBS 751, produced by LCY Group, has decreased by Rs.2/kg in the Delhi market. On October 7, 2024, the price has dropped from Rs.194/kg to Rs.192/kg. This change could be attributed to fluctuating demand and supply dynamics or other market conditions

8The price of propylene glycol imported via tankerload has seen a significant jump today, rising by Rs.4/kg to reach Rs.88/kg, up from the previous rate of Rs.84/kg. This sharp increase follows a period of relative stability in propylene glycol prices over the past month

8the price of Caprolactam, a key raw material in the production of nylon, has experienced a slight decline in the Mumbai market. As of October 7, 2024, the price of Caprolactam has dropped by Re.1/kg, reducing the current rate to Rs.188/kg from its previous price of Rs.189/kg

8The price of Neopentyl Glycol (NPG) has registered a minor increase in the Ahmedabad region, driven by steady demand from the resin and coating industries and fluctuations in raw material costs. On October 7, 2024, NPG produced by LG Chem Korea saw a price hike of Re.1/kg, raising the rate from Rs.132/kg to Rs.133/kg

8Propylene Glycol Methyl Ether (PGME) prices have seen a notable rise in the Mumbai chemical market, driven by strong demand and ongoing supply chain challenges. Today, PGME prices have increased by Rs.2/kg, from Rs.114/kg on September 30, 2024, to Rs.116/kg

8The Mumbai market has witnessed a sharp rise in the price of Polyethylene Glycol (PEG) 600, a key industrial component used across a range of sectors including lubricants, hydraulic fluids, and coolants. As of October 7, 2024, PEG 600 prices have climbed to Rs.146/kg, reflecting an increase of Rs.2/kg from the last assessed price of Rs.144/kg on September 28, 2024

8Indian Petrochem analysts have reported a price cut in the domestic market for N-hexane in Mumbai. As of October 7, 2024, the price of N-hexane has dropped by Re.1/kg, decreasing from Rs.87/kg on October 5, 2024, to Rs.86/kg

8The domestic market for Linear Low-Density Polyethylene (LLDPE) has witnessed a notable price increase in Ahmedabad. On October 7, 2024, LLDPE (F19010) prices surged by Re.1/kg, climbing from Rs.98/kg to Rs.99/kg

8Acetone prices have witnessed a substantial rise in Mumbai today. On October 7, 2024, Acetone prices in imported repack in Mumbai were quoted higher from Rs.90/Kg to Rs 92/Kg a hike of Re 2/kg

8The Mumbai market has experienced a significant surge in Purified Terephthalic Acid (PTA) domestic intact prices. This increase is driven by a combination of tight supply conditions and rising demand from downstream industries, particularly in the production of chemicals and solvents.On October 7, 2024, Purified Terephthalic Acid (PTA)prices in Mumbai were quoted higher from Rs.73.5/Kg to Rs76/Kg a hike of Rs.2.5/kg